Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$826,000

NAL Estimated Property Value

505 Kelley St, Houston, TX, 77009

$1,073,800 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,480 Sq Ft
price_per_sqft$237.36 / sqft
Year BuiltBuilt in 2022

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,301 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN0660630020026
Lot Number27
SubdivisionLindale Park
Land UseResidential
Legal DescriptionLT 27 BLK 2 LINDALE PARK SEC 1
Census Tract210600
Assessed Land Value$129,394
Assessed Improvement Value$519,907
Assessment Year2025

About this property

This spacious 5,300 square foot lot in Lindale Park is the perfect site for future new construction. The sale of the lot includes a full set of professionally engineered plans that have already been submitted to the City of Houston for a two-story, 3,082 square foot home with five bedrooms, two full bathrooms, and two half bathrooms plus a game room. There is an existing concrete driveway and automatic driveway gate on the property. The neighborhood is growing rapidly and there is a good mix of renovated historic homes and new construction. This unbeatable location is just a stone's throw from the Heights and minutes from Downtown. With wide streets, it's an extremely walkable community in close proximity to major highways and numerous popular Houston bars, restaurants, and shopping. Do not miss the rare chance to snag this prime investment opportunity!

Investor Tools

Property Icon
$826,000
Estimated Property Value
$334,673Estimated Mortgage Balance
$491,327Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,073,800
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,956 /month
Positive
Cash Flow Estimate:
$1,652 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,476/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,579
$649,301
2025
$129,394
$519,907
$649,301
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,579
$649,301

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Heritage Lending Inc
Conventional
$350,000
No
First
Dec 7, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$334,673
$478,327
58%
41%
$2,099/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,099/mo
+$127/mo
3.2%

City: Houston

505 Kelley St | Property Details | No Agent List